Still no definable edge
Sorry folks, but we are in the almost exact same situation as last week; total election uncertainty, increasing cases of Covid-19, no fiscal package, further social unrest, geopolitical tension, and…
Read MoreStaying focused on “what is” – New Video!
As we get closer the election and increased Covid-19 spread, we want to stay focused on what has driven the markets.
Read MoreReviewing weaker dollar thesis
Excess liquidity coupled with a synchronized global recovery continues to be the driver. While the broad equity markets have been all over the place in recent days/ weeks due to…
Read MoreNo reason to guess – New Video!
Even the best I know in this business are suggesting the election outcome is a total guess.
Read MoreTactical breather
Following the Minty fresh breadth new highs earlier this month, our closely watched tactical indicators suggest the market is taking a breather following those gains.
Read MoreFocused on “what is” vs. “what if”
The angst in the client conversations is palpable. The market has rallied back from the September swoon, we are rapidly approaching a very uncertain election, a fiscal package agreement appears…
Read MoreTaking a quick look at landscape – New Video!
The markets are all over the place after the recent ramp and with so many issues in the backdrop, but there is something very consistent...
Read MoreEPS recovery directly ahead
Third quarter earnings season kicks into gear today with several of the large money center banks reporting quarterly earnings. Q3/20 EPS are expected to be down 20.7%, driven by the…
Read MoreMinty fresh breadth
Since we passed the first speed bump in the September swoon, there has been no real progress on the stimulus package, a spike in COVID-19 spread, and an increased likelihood…
Read MoreFiscal stimulus has been key to household stability
On the same day the Federal Reserve Chairman reinforced the need for further fiscal stimulus, the President tweeted he is rejecting the Democrat's $2.4T proposal and instructed his representatives to…
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